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A bond had 5 years left to its maturity. it has a face value of 100.000 TL and a return of 8% per year payable
A bond had 5 years left to its maturity. it has a face value of 100.000 TL and a return of 8% per year payable quarterly ( i.e. 2% quarterly). how much should be paid for the bond now, so that the net quarterly return is 3%?
a) 85122 b) 57205 c) 100.000 d) 75178 e) 107985
ASAP PLEASE
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